804 Fulton AveBirminghamAL35217
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Birmingham at 804 Fulton Ave, Birmingham, AL, 35217 listed at $123,200 pairs $1,222/mo rent with a $603/mo payment to leave $527/mo cash flow. Total monthly income runs $1,222/mo, and annual cash flow reaches $6,319/yr on $40,841 cash to close. Return on cash invested measures 35.38% in year one, and rental yield registers 11.9% at a $123,200 basis. Equity gained on principal adds $795/yr, and annual property appreciation at 5% supports $34,038 by year five. Five-year ROI tracks 185.15% and total cumulative return in cash totals $75,616. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,222/mo property income relative to a $603/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35217, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,910 (100%) |
| Owner Occupied HU | 2,400 (40.6%) |
| Renter Occupied HU | 2,508 (42.4%) |
| Vacant Housing Units | 1,002 (17.0%) |
| Median Home Value | $120,000 |
| Average Home Value | $230,202 |
Housing Distribution
Address Breakdown
Residential
5,368
Single Family
4,879
Multi-Family
489
Businesses
590
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Listed by: Terry Mills • TMills Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21394974
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.